Posts Tagged ‘powerline’

The exercise today for you, the reader, is to connect the dots between the following stories and bits of information:

— The real news (and the motivation for the otherwise-inexplicably-appropriate move by the usually-1%-loving French leader) is buried at the end of this Bloomberg article on Nicolas Sarkozy’s plan to charge a 0.1% tax on all French financial transactions:

Socialist candidate Francois Hollande leads in the French presidential election polls. He has the support of 31 percent of voters in the first round, 6 points more than Sarkozy, and his second-round lead has risen to 20 points at 60 percent, according to a CSA poll published last week. Hollande, too, has pledged to impose a tax on financial transactions, if he’s elected.